Especially in a slow market it is hard to know what the chances are of getting a better offer by waiting longer and keeping the property on the market.
The "Offer analyzer" tool available at:
http://www.datawise-consulting.com/analyzer.html?V=ao helps the seller calculate the probability of getting a future better offer based on among other things: number of showings/week, number of
expected offers/showing as well as how long the seller is willing to keep the property on the market. In addition, the tool takes into account the cost of keeping the property on the market.
The tool is free for anyone to use and is very helpfull in showing the seller the impact of increasing the number of showings.
Tomas,